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Denbury Inc. (formerly Denbury Resources)

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About

Denbury is an independent oil and natural gas company with operations focused in two key operating areas: the Gulf Coast and Rocky Mountain regions.  The company’s goal is to increase the value of its properties through a combination of exploitation, drilling and proven engineering extraction practices, with the most significant emphasis relating to CO₂ EOR operations.

Denbury has changed its corporate name from Denbury Resources Inc. to Denbury Inc. on Sept. 15, 2020.

Editor's note: Updated Sept. 22, 2020.

Transactions

Report Date Amount (MM) Description
2021-03-29 $20.00

Denbury to Grow Rocky Mountain Footprint with Devon Energy Bolt-on Acquisition

Denbury to Grow Rocky Mountain Footprint with Devon Energy Bolt-on Acquisition

Report Date Amount (MM) Description
2020-11-04 $92.50

Denbury Reacquires Midstream Assets From Genesis Energy

Denbury Reacquires Midstream Assets From Genesis Energy

Report Date Amount (MM) Description
2020-03-05 $50.00

Denbury To Farm-Down 50% Working Interest In Four Texas Oil Fields To Israel's Navitas

Denbury To Farm-Down 50% Working Interest In Four Texas Oil Fields To Israel's Navitas

Report Date Amount (MM) Description
2018-10-28 --

Denbury Adds Eagle Ford Core With $1.7 Billion Penn Virginia Merger

Denbury Adds Eagle Ford Core With $1.7 Billion Penn Virginia Merger

Report Date Amount (MM) Description
2017-05-30 $71.50

Triple Threat: Linn Hits $900 Million With Denbury Deal

Triple Threat: Linn Hits $900 Million With Denbury Deal

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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New Financings

Report Date Type Amount (MM) Description
2022-05-05 Denbury Inc. Buyback $250.00

Announced its board of directors authorized a share repurchase program under which the company may…

Report Date Type Amount (MM) Description
2018-08-21 Denbury Resources Inc. Debt $450.00

Closed on its previously announced private offering of $450 million aggregate principal amount of 7.5%…

Report Date Type Amount (MM) Description
2018-08-14 Denbury Resources Inc. Debt $1,650.00

Entered into a sixth amendment to its amended and restated credit agreement with JPMorgan Chase Bank and…

Report Date Type Amount (MM) Description
2018-08-14 Denbury Resources Inc. Debt $450.00

Priced and upsized to $450 million of its previously announced private offering of $400 million aggregate…

Report Date Type Amount (MM) Description
2018-08-14 Denbury Resources Inc. Debt $400.00

Announced the commencement of a private offering of $400 million aggregate principal amount of new senior…

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2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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Locked Data

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Instantly unlock over 15 years of A&D transactions and financing data.

News

Exxon Adds 270,000 Acres for Largest Carbon Storage Site in the US

Exxon Mobil has leased acreage on the Gulf Coast from the Texas General Land Office for carbon capture and storage.

Exxon Mobil Ramps Up $400MM CCS Project in Wyoming

The $400 million project will expand capture capacity by up to about 1.2 million metric tons of CO2 per year, Exxon Mobil said.

California Resources Corp. Nominates Christian Kendall to Board of Directors

California Resources Corp. has nominated Christian Kendall, former president and CEO of Denbury, to serve on its board.

Exclusive: Chris Kendall Tells Industry Pursuers to 'Keep an Open Mind'

Former CEO of Denbury Chris Kendall tells people in the energy industry to keep an open mind on different aspects and make your own decisions, in this Hart Energy LIVE Exclusive interview. 

CEO Darren Woods: Exxon’s Early Lithium Production Efforts ‘Promising’

The U.S. oil giant has quietly evaluated opportunities to produce lithium from subsurface brine water in Arkansas—a process Exxon says is an extension of its current upstream capabilities.

Exxon Mobil Closes $4.9 Billion Acquisition of Denbury

Exxon Mobil’s acquisition of Denbury adds more than 1,300 miles of CO2  pipeline, including nearly 925 miles of pipelines in Louisiana, Texas and Mississippi.

More Consolidation Could Increase Focus on Emissions Reduction

‘Consolidation is going to translate to probably more intensive efforts around low carbon,’ Pickering Energy Partners founder says in the wake of Exxon Mobil's massive acquisition of Pioneer Natural Resources. 

Exxon Mobil’s Denbury Acquisition Clears Antitrust Hurdle

Denbury said the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, leaving only Denbury stockholders to approve Exxon Mobil’s $4.9 billion acquisition of the company.

CCS Midstream Chatter Grows After Exxon Mobil Megadeal

After Exxon Mobil’s deal to buy Denbury, CCS sequesterers and transporters appear to be “leading the dance” in driving carbon capture and sequestration projects, midstream operators and legal experts say.

Permitting: The Boogeyman Hindering US Low-carbon Investment

U.S. low-carbon projects face a medley of different risks—from sluggish federal permitting timelines to huge spending budgets — and an uncertain road to profitability.

Permits, Policy, Profit: The Hang-ups with Large-scale CO2 Projects

The Inflation Reduction Act kicked off a flurry of carbon capture and storage projects around the U.S. But the nascent CCS sector faces tough regulatory and profitability challenges on its road to growth.

Exxon-Denbury Deal Signals Hydrocarbon Industry Embracing Carbon Removal

The global majors’ CCS deal flashes a $5-billion bat signal for midstream CCS investment.

CEO Darren Woods: Exxon Mobil Can Produce Lithium at ‘Much Lower Cost’

Exxon Mobil is investing $17 billion in low-carbon businesses like carbon capture, hydrogen and biofuels. But the U.S. supermajor is also considering lithium production, CEO Darren Woods told analysts.

Carbon Capture and Capitalization: Industry Transforms, Tackles the Transition

While progress is being made to achieve net-zero emissions by 2030, there is still much to be done, and the key may lie with carbon capture and storage.

A&D Minute: Exxon Mobil's Massive Acquisition of Denbury [WATCH]

In this week's A&D Minute, Hart Energy's Jordan Soto and Enverus Intelligence Research's Andrew Dittmar break down Exxon Mobil's acquisition of Denbury.